New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-01-08
CLOSING Prices or PafLA OsLPdii srOO6s

In our issue of December 49, 1886 we printed the
financial results Of the NewYork Central and Hudson
River Railroads business for the year ended September
so 1886. We have before us the companys traihs
report the year. II illustrates how the net earn
ngs for the year proved be greater than
for the preceding year, and justifes tho charge OK
5000 made construction account The last report,
OF course includes the tracks equipments the frame or
nine months, and ali other matterso the West shore
Railroad which included in the statements or inc
year ended September 80 1885, with which the compan
made.
The miles OF track are increased 965, of which 649
miles are accounted by the addition OF the West Shore.
leaving $40 miles single tracks sidngs, ETC. Inc
increase in number Of locomotives Is 1876, OF
which $50 from the West Shore giving
10 new locomotives Passenger cars OF al
kinds are increased 242 allowing 2l5 for West Shores
equipment the net increase ia q passenger cars Bag
gage and express cars increased CO. allowing 40 cars Tor
the West Shore the increases 20 cars Freight carsin
creased $780, the Vest Shore had 404 making
net increase Of 1872 cars
The passenger mileage for the last year dncludng nine
months of West Shores traffic 37,730,955 miles, OF
per cent greater than in the preceding year. ana inc
rate secured per mile from each passenger was LEA
cent against LII cent for the preceding year-a gain
Of AZ cent the expenses per mile were LIZ cent
against OS cent? hence the net earnings from each
passenger per mile So cent or - cent more han
in the preceding year
operations OF the West Shore Road give gain on the
preceding wear 252i42 25s nearly IL cent
The per ton per mile last year were rs cent
gain Of Os cent; the cost per ton per mile was o3
cent-a reduction of OF hence the profit per ton
per mile % cent against profit OF Ia cent IN
the preceding year--a gain Of 90 cent
AT this particular the question OF "long and
short haul by many persons Is supposed to possess
unusual significance. The passenger business OF INC
New York Central ana HUDSON llteT hu!EodU Colp"nS
for two years has been divided Us follows:
Years ended sept 30 isso:o isse1;o
Wa WIVES passens 5o57e5 493ss0
Total number ................ l3747sol I4.ooa.lIs
Tie freight traffic has been divided as follows:
y ears ended sept. 30 lss6,o- lsss
Through-west 3ound tons. 2ss2lo SssSso
Total through tOns.....-....-.... l7laee7 ls2tsos
way-esst-oo bound tons sgl55,s ltsss$
Way-west.bound tons......-..-..-.' SHEETS Sf"ZoI
Total way tons. .............. sos7OeO lOssSIss
Totals Of all i27lsloi
Now it must understood that through on the New
t nork .ei. or - carried rom one end Of
' 'ns line to the other-New.York and Buffalo
being the termn-and that which Is carried the whole
iength OF the Harlem Railroad above Forysecondst no
whether the movement originates ana ends a. inc
cisco Europe. or the passenger trac OF 1852 9s.oI
cent Was way and OF that Of 1850 per cent @
WAY was carried the whole distance between New
York and Buffalo or over the run length OF ,he r ssa
! ~ Gi0 per cent was way and IA 4-lO was through
These facts are worthy attention OF Senators and Re
resentaves who about TO express their views upon
| the Interstate Commerce OIL
To-day furnished OF those episodes which continue
ally are occurring in all speculative markets, no matev
whether the tendency OF values Is upward or down ihe
early business in stocks characterized by marked
degree of strength reflected by the ngnres But the
strength largely OF ephemera character because
n Was due TO rapid covering or snort accounts Dur
ness succeeded the early movements after which the
bears upon tho market their morning puronasSes
| with greater rspldlty than they hao uohe III Is
| early buying While all conditions seemed 70 os
| tavrrahle and while there DO little question
M he ultimate result stock values the conuohs 10
moi change the (and the inultauons point W
frher uroy ene Is evident That the pears arg
not set entirely disc0hntod oeemnsH uo oaso ST. -
enry In the week 10 per cent loss created
manic in the OF them, and they haseneI 10 rcsu
their former position with so much urgency tnat moen
tnrlv they over supplied the market AFTER All hesesPo
nI.fve movements had been finished, tho market asAu
took on "A hrm tone, and at $50 O'Clock PROMISES
| buoyant Later general attack was ,n na.gg
mon the whole list and prices were CROWDED uoWh W ae
csrd nt about the lowest Of the day Win thOse WIZ
suppose that London Is heavily Dufueh Wiz. ir,,ss
railway securities IL Is still the objective point. onHe
uonably London quotations to-horio" ., mi tomor.
resnonSye 10 this afternoons home declines anu 'oo.
row morung AS was the case few days ago. II Is
be that every brokers' office Will early pe
| {" I,,u,iou is down" The stock market n"o.uaIIa,
| n A. did not do 10 would not Oe ,f'ooss,ns,
| H. MARCEL: but despite all the Efforts, Hciul'nS
the raud raid Of December 10, no progress Is '9 "a
Infringing genuine certificates or STOCKS 10 ,hs
as tnc DAVIS roll bringing encourasihS y" -
-, and mercantile sltuatlok, thc PIoS
sr,s f "A ,ccessful issue 10 The great peai
shond be gradually diminished me so gSs sb.raS
az .,noIted To SOB shares against So 100 sna
,.riay aud while the closing Is weak III hsuIeS Pi.os
Generally are higher than they were at SesoiuaS ~
RS nnrung with tho short interest," cousiuei@'J iN
creased. 49,, An an, sv with the bids FOR
tho A. o u per cent Annexed are the CLOSING quolto''